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EQT to buy Rexford logistics-property portfolio for $1.2B

Swedish buyout group EQT AB said it bought a southern California logistics-property portfolio from Rexford Industrial Realty, valuing the deal at $1.2 billion.

EQTREXR

EQT AB bought a logistics portfolio from Rexford Industrial Realty in southern California in a deal the seller said was valued at $1.2 billion. EQT said late Thursday the acquisition strengthens its real-estate arm’s focus on logistics assets located in m…

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